15 October 2018
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To study Chuan Hup from 2000, we decide to breakout the chart in two charts. See charts below.
Singapore Stock Stories
C33 Chuan Hup Holdings Charting
Study Support Resistance and Apply Buy Low Sell High Strategy
From 2000 to 2010
If you are H M Gartley enthusiast, see chart. Picture worth a thousand words. You could easily spot many Gartley 222 pattern. See the price action tested the peak near 0.40 dollars. This become a sell pattern, bring the price down to 26 cents. Followed another buy pattern to send the price up to above 40 cents. The price action just continue in buy wave, sell wave. See chart, this is only between 2000 to 2010.
In a buy and hold strategy, the results not too bad. Trade with your eyes open. Manage your risk.
October 12, 2018 Chuan Hup Holdings from 2000 to 2010
If you can see the whole chart, “press Ctrl and -” to zoom out.
From 2010
As said, you can see many H M Gartley.
October 12, 2018 Chuan Hup Holdings from 2010
Moses
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Disclaimer
The above result is for illustration purpose. It is not meant to be used for buy or sell decision. We do not recommend any particular stocks. If particular stocks of such are mentioned, they are meant as demonstration of Amibroker as a powerful charting software and MACD. Amibroker can program to scan the stocks for buy and sell signals.
These are script generated signals. Not all scan results are shown here. The MACD signal should use with price action. Users must understand what MACD and price action are all about before using them. If necessary you should attend a course to learn more on Technical Analysis (TA) and Moving Average Convergence Divergence, MACD.
Once again, the website does not guarantee any results or investment return based on the information and instruction you have read here. It should be used as learning aids only and if you decide to trade real money, all trading decision should be your own.